Skiles’ departure from the team is effective immediately. In Skiles' absence, assistant Jim Boylan will take over as interim coach, Yahoo! Sports reported.

Scott Skiles is no longer coach of the Milwaukee Bucks after both sides mutually agreed to part ways. (AP Photo)

The Bucks, who are 16-16 on the season, have lost four straight games but remain in the hunt to make the NBA's Eastern Conference playoffs. They have made the playoffs only one time since Skiles took over in the 2008-09 season.

An earlier report from NBA.com stated Skiles told the Bucks he was not interested in returning to the team next season. At the time, he was asked by the team to keep an open mind and that he could be offered another year as coach.

Skiles compiled a 162-183 record with the Bucks. He has an overall coaching mark of 443-433 in 13 seasons, which includes time with the Chicago Bulls and Phoenix Suns.